Latest / Man in America Podcast / Syria’s Collapse Signals an Alarming Fate for the Middle East w/ Martin Armstrong

Transcript

Syria’s Collapse Signals an Alarming Fate for the Middle East w/ Martin Armstrong · Man in America Podcast

• 0:11
  Seth Holehouse: Welcome to Man in America. I'm your host, Seth Hullhouse. If you look around what's going on right now, it's chaos on top of chaos. And so right now, we've got a massive regime change or overthrow or something happening in Syria. Assad has fled.
• 0:28
  There's there are rumors about his plane going down. There's all kinds of this crazy information going out. Is he a dictator? Is he not a dictator? Is it what's it have to do with Greater Israel or the Ottoman Ottoman Empire two point o?
• 0:41
  There are so many questions that I have, and, really, this is the purpose of this show. And if this is your first time coming here, welcome. You know, my name is Seth. I'm your host of the show. And every show, I am just doing my best to try to make sense of what's happening in this insane world, and it's difficult because there are layers and layers of lies and misinformation and all kinds of stuff that make it really hard to figure out what's actually going on, and that's my goal is just to honestly and and humbly and sincerely try to paint a picture of what's going on because if we can actually figure out what's happening in our world, maybe, just maybe, we can figure out a solution to a better future.
• 1:20
  And that's where I hope that we can go. And I so I've always tried to bring in a little bit of mix of hope into things, and just do my best to bring you information that I find, helpful. And, part of that is interviewing, inter experts and people that know a lot of what's going on. And so my guest today is Martin Armstrong, who, if you're not familiar with him, he's a world renowned, economist, but especially as it relates to cycles. This is a guy that literally goes in to consult central banks, and at one point, he was a guy that was vetting presidential candidates.
• 1:50
  So what they would do is they bring in a potential presidential candidate, have him sit down with Martin Armstrong, and he would basically quiz them about global economics and see whether they're up to snuff. And so this guy knows what he's talking about, and so I'll be asking him questions about, like, what's really happening in Syria. How does it relate to the Israel's greater Israel plan? How does it tie into the Ottoman Empire? Who's behind it?
• 2:14
  Is it a, you know, color revolution, CIA, Mossad? Is it something else? And so we're gonna be diving into all this and more in today's discussion with Martin Armstrong. So, folks, please enjoy. Imagine a future where your wealth is untouchable, a future where every decision you make today creates a foundation of security for tomorrow.
• 2:36
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• 3:56
  Protect your future. Act now. Call (626) 654-1906 or visit goldwithseth.com to get your free gold and silver investment guide. Again, that's (626) 654-1906 or goldwithseth.com. Mister Martin Armstrong, it's always a pleasure having you on the show and and quite an honor as well.
• 4:22
  So I appreciate you being here with us today. Thank you.
• 4:26
  Speaker 2: Well, thank you for inviting me. It's always, I don't know. They they say they we live in the Chinese curse. May we live in interesting times.
• 4:36
  Seth Holehouse: We do. We do. So, you know, when whenever something big shifts geopolitically, you're oftentimes one of the first people I think of because you see things, through a perspective that many don't have, and and I've found to be consistently right as I've studied your work over the years. And I've all because, also, one of the big things that I've come to understand is that almost everything ties into the money supply. You know, they say all wars are bankers' wars, and when you see things happening, you can usually trace it back and see how the the currencies and everything are shifting, and that's really what a lot of your your kind of mastery is built upon is understanding currencies and the cycles of currencies and how that kinda falls into the rise and fall of civilizations and empires.
• 5:18
  And so right now, you know, one of the the big things that's going on is a massive shift happening in The Middle East with Syria specifically. Now I'm seeing a lot of different narratives about what's really happening in Syria, what's really happening with, you know, Assad. Is he is he alive? Was his plane shot down? That's a whole different kind of discussion, but, fundamentally, that looks like it looks like to me, you know, as a casual observer, some sort of color revolution happening there.
• 5:45
  Maybe it's a CIA, Massad backed color revolution, but you also have a lot of narratives coming out saying this guy was a absolute terrible dictator. They're finding these people locked up in these these underground dungeons. And so as with everything, you know, as with war, right, you know, the, the first casualty of war is truth, and and you help us kind of revive the corpse of truth, and and figure out what's going on. So I guess handing it to you, what what do you see that's happening right now with with Syria? How can we make sense of this?
• 6:17
  Speaker 2: Actually, the, the primary beneficiary is Turkey. And people have ignored that to a large extent. But Erdogan has been saying for more than a decade. Alright? He's he wants to resurrect the Ottoman Empire, which was and most people don't understand.
• 6:52
  But after World War I in 1916, we carved up the Ottoman Empire. So we installed these dictators, Assad's family, Iraq. This is what we did for political reasons and economic reasons. And these areas, people have to understand, they were never countries. All right.
• 7:27
  Most of the problem in The Middle East is that you have these were different tribal elements. Okay, so they weren't like one people per se. There was even the Saud Hajjumite war, which which most people never even heard about, but that was over Arabia. Saudi Arabia won. The Hajjamites ended up with a compromise.
• 8:01
  That compromises they were given Jordan. Jordan was supposed to have been Palestine, you know, Palestine. So the Palestinians kind of that that's how they kinda got shortchanged on the whole thing. And the king of Jordan even married a Palestinian to try and calm the masses there. So you got to dig a little bit deeper into understanding these things.
• 8:35
  And they're not you know, you hear all sorts of things. Oh, Israel did this, and and they really want to take over the whole area. You know, this is a lot of propaganda from one side. The real issue here has been Turkey. Turkey has the largest army in The Middle East.
• 9:05
  Erdogan came out and cheered Hamas. Why? Because he wants to resurrect the Ottoman Empire. That's the glory of what Turkey used to be. Okay, and he is the major beneficiary.
• 9:24
  And there is also a counter movement from the American neocons. And the reason Obama wanted to go into Syria was mainly because they wanted to run a pipeline from Qatar through Syria to Europe, and that would have cut off the gas purchases from Russia. So this also involves Russia, Russia, Russia. And these people have been instigating all sorts of things one way or or another. The whole the neocons were behind blowing up Nord Stream.
• 10:14
  Even if you go back to the fifties, they were putting sanctions on anybody that provided pipe to create the pipelines from Russia to Europe. And when they blew up Nord Stream, they struck a deal, told Germany, you know, to don't turn on the second one, and keep your mouth shut. And The US would pay for a pipeline from the Middle Of Africa, Nigeria, all the way up through again to Europe to cut off Russia because, you know, Syria blocked the pipeline there. Then there was a coup in Niger. Who hopped on the plane to try and keep the pipeline going?
• 11:01
  Victoria Nuland. You know, you you gotta just pick up the rug a little bit here. The real danger at at this stage in the game is the rebels are effectively in line with Al Qaeda. And it you know, Syria was, again, these are all different tribal beliefs and things of this nature. They're not all a unified people, so to speak.
• 11:37
  We installed the Assad family, and the same thing with Hussein, etc. And we knew that they were dictators, and they had to be because of all the fact that these tribes are not unified. Alright. And so Saddam Hussein, he kept everybody in check. You removed him, then what'd you get?
• 12:08
  Isis running around taking off people's heads. Alright? That's a risk here now also in Syria. Alright? So, you have the Druze and and basically others that which are, you know, the Christians in Syria, have there are a lot of Druze in in in Israel.
• 12:34
  And now they're allowed to, you know, they're looking more at Israel protecting them from the other extremists. So it's this area, you just take it and you just throw it up in the air and it just, it's not one country, as we tend to think of all French, all Germans, all British. It's not that way. These are all different tribal aspects, different cultures, different beliefs. And even, you know, just as you have Christianity, you have different flavors, you've got, like Jehovah's Witnesses, etc.
• 13:18
  Right? And Protestants and Catholics, in Islam, you have the same thing. In Iran, have, you know, they follow more of the Shiites, they follow more of Mohammed's brother-in-law. So you have, you know, women in Burkis. You go to Turkey, and you'll see a girl in the bikini on page three in the newspaper.
• 13:43
  It's that diverse. And so, what we have to be careful about with Syria here is that it is more or less you're going to be looking at the risk of Jordan falling. And this is coming out of Turkey. The Ottoman Empire used to include Israel. Alright, so they're really kind of looking at taking back a lot of things.
• 14:17
  And this is Eridon's this is his dream, that the glory of Turkey was, we had the whole empire, we lost it in 1916. And he wants to reestablish it. I've even put on my blog speeches where he said that, you know, the West is evil and it will collapse. Yet he's a member of NATO. Alright?
• 14:48
  Yet they're they're they are arch enemies of Greece, which has been going on since basically the fall of Constantinople in 1453. So, I mean, these feuds are not recent. I mean, this is like, we don't have that in America so much. But, you know, you can guarantee if a French girl brought home a German boyfriend, the father is going to say, you do know what they did to us. These resentments, I mean, I've been in Athens when they were protesting against the Germans dressed up in Nazi uniforms, walking down the street.
• 15:30
  I mean, so these differences throughout The Middle East and Europe, they're there for centuries, and they're not curable. Alright. Iran, you know, it's been a major power over the years, and they fought against Turkey going back and forth. And Iraq, I mean, the same thing, you know, it's not a unified area. Even look at Ukraine.
• 16:07
  You know, Putin's correct, they're neo Nazis, they were part of, they joined Hitler, were engaged in ethnic cleansing. They killed, you know, hundreds of thousands of Poles and Jews and Russians. And the CIA protected them, Because they hated Russians. Was it. Alright, but, I mean, we've had two employees in Ukraine, One on each side, Kyiv and Donetsk, they wouldn't even talk to each other.
• 16:43
  I mean, hatreds go back just centuries, you could not bring a bottle of Russian vodka to dinner in Kiev, it would be an insult. Just the way things are. And they're not going to let them go. So in Syria, the risk here is that this was really kind of masterminded by Turkey. Israel, in a way, enabled it because they wanted after Hezbollah.
• 17:19
  Once they destroyed Hezbollah, that was the major military aspect. And so once that was gone, it weakened also Syria. And that allowed Turkey to go in. Then you had the neocons, like kind of cheering, oh, we'll get that pipeline now, you know. I mean, it's so there are a lot of different aspects to this.
• 17:51
  But the biggest danger for the Middle East is that you have Turkey on an agenda to resurrect the Ottoman Empire. And who Lebanon is likely to fall as well as Jordan.
• 18:10
  Seth Holehouse: So and so I wanna pull up here. So I I pulled up a foreign map of the Ottoman Empire, you know, which you can see was it was, you know, a massive control over that region. Also, here's a map of the Greater Greater Israel, which I think that you you've not Yahoo's present presented this map at different various meetings, and this is kinda showing obviously, here, you see, okay, Greater Israel. Syria is almost entirely within that. And so but what this shows me and kinda going back to what you're saying is that, okay.
• 18:35
  So post World War one, we had the Ottoman Empire, which was really then carved up, but they're all these different tribes. Right? They're all I I remember talking to Michael Jan about this, and he thinks he was talking to me about just tribalism, and he's like, you know, we don't understand how these tribes work. Right? Like, we don't have tribes in America.
• 18:51
  It's like, oh, you're from the South. You you speak kinda funny, and you like shotguns. Right? Or, like, oh, you're from the, you know, New England, and you're a little bit kinda snooty nose up in the air. Like, those are our tribes, but we're not killing each other.
• 19:01
  But he's describing these tribes over there. It's it's a whole different structure of society, and and, you know, these tribes have their individual laws and belief systems, and it's very different, even languages. And so, basically, as I understand from what you're saying is that, you know, we we carved everything up post World War one, and we have all these different countries that, you know, you you had that we drew the borders for, but these countries are probably intersecting those border lines are probably cutting tribes in half and all kinds of things that were happening that create basically endless conflict. And so I see it. So it's it's basically is, I guess, you know, multiple I have few different questions, I could one question I have.
• 19:36
  So in bringing in Turkey, who do you think is is backing Turkey? Like, do you see it is it like, who's behind Turkey? Because, obviously, it's so Turkey might want to bring back the Ottoman Empire, but how does that fit into the much larger global factions that are kind of warring for, you know, control over the world, basically?
• 19:58
  Speaker 2: Well, he's not really backed by anybody because he's kind of against Russia to some degree and also against certainly against NATO. And he's certainly against Israel. So, the thing is that Turkey is the largest military force in the Middle East. And it's, you know, they're often accused Putin, oh, he wanted to resurrect the USSR. You know, that was very nice propaganda.
• 20:33
  Okay, fine. But it's true when you're talking about Erdogan in Turkey. He's made speeches to that effect. I don't know that it's maybe the old glory days, you know, even with the fall, the Roman Empire you had, that was a major idea of Hitler and Napoleon to resurrect all of Europe in as one empire again. I don't know what inspires people to do that sort of thing.
• 21:06
  But he is definitely in that camp. And you're correct. These are all different. These were never countries. All right.
• 21:17
  Ukraine was never a country. Know, the Kurds, which are intermixed between Iraq and Syria, they never had a country. They're tribes. Alright? So we have to understand that it's a different completely different structure for The Middle East compared to Europe or America, per se.
• 21:45
  And it's often hard for people to grasp this. But as you say, it's we have similar tribes, but we're not really speak the same language. And, you know, but, you know, you're kind of hard pressed to try and find grits in New York City, you know. But this is just simply the way it is. It's but over there, they speak different languages, different dialects.
• 22:19
  You can tell which somebody's I mean, even in the Arab robes, what color you wear, you know, you you you tie around your your head is different according to your your tribe. So it's, you know, in UAE, it's been more of kinda like the Switzerland of Europe in a way. I mean, you can go to dinner, and you can be there with a girl dressed in Western outfit. And the next table over is a guy with his wife's and four burqas. You know, and it's okay.
• 22:57
  Nobody gets offended. That's not the case in Saudi Arabia or Iran. If I went to Saudi Arabia with with a girl, she's not allowed to even go out of the hotel without being escorted by me. So you have to deal with different cultures. And a lot of it's different religions and things of this nature, aspects of religion, and they say, Mohammed versus Mohammed's brother-in-law, etc.
• 23:25
  So, but, you know, the vacuum here, and pay attention to is Turkey. Because Turkey wants to expand. Israel is part of the old Ottoman Empire. That's the way he looks at it. So, when Hamas invaded Israel, he cheered.
• 23:49
  Everybody was shocked. You know, he's part of NATO. Why is he doing that? Because he wants to appear as the the new caliph or the the head of the Arab world.
• 24:04
  Seth Holehouse: Because he has the biggest army, you know, he he sees a path for that. So the one another question I have, though, is that so we saw what we did do with Hussein, you know, Gaddafi, etcetera. And you mentioned that that those, you know, post World War one, they're basically those families were installed. Right? And it makes sense that, you know, as much as I'm not a fan of dictatorships, they've they've had their role throughout history and sometimes in, like, know, in certain regions, you need to have a strong hand of power and a very centralized control, you know, control structure to maintain order in a country where maybe you've got 10 different tribes that wanna kill each other.
• 24:40
  Right? It's very different than, you know, like, the the biggest tribes in America are like, oh, you know, Ohio State versus Michigan football. Right? And it's like, maybe they're gonna burn a couch and beat somebody up and get drunk over it. Like, it's so, you know, so trivial.
• 24:53
  And so but so if if The US or, you know, the the kind of Western global with that power structure installed, say, instance, the, you know, the Assad family or the Hussein family, it seems like we've also been the ones that have gone in and, you know, thrown, you know, revolutions. You know, Victoria Newland, who we know has been very integral in a lot of, regime changes, you know you know, Ukraine being one of them. So do you see do you see The US having any role? Is this is this a regime change that maybe Turkey's also involved, but is The US involved? And do you see this as being anything to do with the CIA or Mossad and any kind of relationship there considering that we do have this long history of over of toppling empires and putting in, you know, different people?
• 25:43
  Speaker 2: Not really. But they didn't cry about it. I'll put it that way. I mean, I've had dinner with some of these neocons. I argued with Bill Crystal, his father is the one that created the neocon movement, even spoke at one of our conferences back in 1990s.
• 26:05
  So, I know these people personally. Back then, even he was talking about removing Saddam Hussein, Assad and Gaddafi. And the theory was, well, if we remove those three dictators, we'll create democracy. And that will bring peace to the Middle East. I said, you're out of your mind.
• 26:28
  The reason you needed dictators was exactly what you're saying. They were all different tribes. It wasn't a country. Alright, we artificially created those countries. Alright.
• 26:42
  Otherwise, they were all just tribal disputes back and forth. There wasn't an Iraq per se, or Syria per se. You know, even the Turks, alright, the genetic evidence has shown that they were invaders into the Middle East from Central Asia. They're not of the same ethnic gene pool as Arabs. Alright?
• 27:14
  So they were more of the conquerors. They were initially, actually the servants and slaves in the Persian Empire back then. And they were then trained into military because they needed troops. And then after they were trained, they go, that's a good idea. And they ended up starting overthrowing their lords, you know.
• 27:38
  And then eventually, they went in and they conquered all of Anatolia, which is now Turkey. And that was the fall of Constantinople. How did they accomplish that? They brought gunpowder from Asia. Constantinople was impenetrable.
• 27:58
  How did they take it down? Cannons. That was the first time cannons were used to blow up balls and stuff like that. That's how Constantinople finally fell. So they are not of the same ethnic gene pool.
• 28:16
  They are clearly more of a, I would say, Central Asian gene pool that came into that region. Then you have, I mean, going back, they even used to bring in kelps from Europe as to serve in the military. I mean, to this day, I mean, I've had meetings with people from Iran. And the first, when they walked in, I thought they were Irish, you know, red hair and white skin. They go, Oh, but they're, you know, so the gene pool in that area is kind of fairly mixed up.
• 29:03
  But then you go over more towards the Syria to Egypt, and that's more of the Arab real world. So, ethnically, two regions are kind of split that way as well. So, I see this as largely Turkey. I think we have underestimated what his real goals are and what he has said publicly in many speeches is real. And I think, pay attention to Jordan and to Libya at this point.
• 29:52
  Like I say, he came out and cheered the Palestinians, and he wants to be seen as their supporter. And that's his path to his idea of resurrecting the Ottoman Empire. It's time to get it back, you know. That's probably what we're going to be looking at going into 2027.
• 30:22
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• 32:35
  Speaker 2: This is not gonna die away and fade into the sunset. It it we're we're just getting started here. And but, again, it's it's it is mixed objectives here. You had our neocons wanting to get a pipeline through Syria to cut off Russia. That's why Assad basically fled to Moscow.
• 33:04
  And he was basically stopping the pipeline through, and that was to protect Russia. And goes, know, the neocons have been trying to cut off their funding. That's really what it comes down to. So, it is very complex. But, you know, Turkey wants to resurrect the Ottoman Empire.
• 33:31
  You had the American neocons were just trying to use Syria to to undermine Russia. I don't think our guys really had any aspirations of creating countries or empires out of the Middle East. They were just trying to use it and just shut up and do what I tell you to do, more or less. But this is what we're looking for, and I think you're going to see this escalated to probably 2027.
• 34:07
  Seth Holehouse: And so you you mentioned a few other countries that you also expect to fall. And I know that in previous discussions that we've talked about your models and what you're seeing, and, basically, you know, as we get past, say, 2030 or so, you're seeing, basically, what could be described as a collapse of governments globally. Right? That there's some sort of massive change coming to how this basically, the the current world order. And you can see it too.
• 34:33
  If you look at this, you can see the tensions building. You can see, the the the conflict's increasing. And so do you think that that what we're seeing with Syria is I would say, the beginning because The Middle East have been has been a wreck for a long time, but do you think it's the beginning of, basically, multiple countries in The Middle East collapsing? And if so, what does that then lead to on a global level?
• 35:00
  Speaker 2: Yes. I think this is The Middle East's time to to join the party, so to speak. Even if you look at the election, The United States has become deeply divided, the same as Canada, you're seeing the same thing in Europe. In Germany, people are shocked that, the right wing AFD is suddenly rising. Part of the problem has been that this is how governments collapse.
• 35:47
  Civilization is supposed to be where we all benefit. Just look in the election, you had Camilla, somebody had talked about abortion, and she's, oh, you're at the wrong rally. What is that? It's like, basically, the view is we win the White House, and now it's time to punish the other side. It's not that we all get along.
• 36:16
  It's like our views over yours. And this is so deeply divided Europe, as well as America, and even Canada. And this is how civilization basically collapses when you divide it up like this. So, like what they did to Trump is a psychological war tactic. They demonized Saddam Hussein.
• 36:47
  They demonized Putin. Oh, they're evil. They tried it with Assad. Oh, he's gassing his people. He's a horrible person.
• 36:54
  Then they did it to Trump. The problem is, how do you then shake hands with the devil? You know, you've demonized him so much that the other side is, well, he's not my president, sort of thing. So you're dividing the country even more just to try and win for what reason? You're not representing everybody.
• 37:21
  You're not looking at the country. Our neocons, they basically they had a field day with the Biden administration. And just look at even Dick Cheney. He endorsed Camilla. All the neocons, all Republicans for Camilla, they were all the neocons.
• 37:47
  Why? Because they don't care about the country. All they want is war. That's it. That's all their agenda is.
• 37:56
  I put on our side, you know, Lindsey Graham, in a meeting with Zelensky saying that it's the best money we ever spent to kill Russians. What is it with this hatred stuff? If you said that about blacks or Muslims or something, oh, that's a hate crime, you know, and you go to jail, but they can say it, that's fine. You know, it's so that what our computer does, it tracks this kind of thing. And the reason it's always been right on elections and things of this thing, it's not calling up everybody.
• 38:43
  Oh, gee, what do you think? Whatever. You know, I've said many times, you know, 40% of the people will always vote Democrat, and the other 40% will always vote Republican. You could put up a monkey and they still vote for it. You know, it's only 20% of the people at best that actually vote according to what they think.
• 39:07
  And that's why you can see there's only three presidents ever got 60%. You know, FDR one time, Johnson after Kennedy assassination, Nixon when he said he was going to take us out of Vietnam. Most of them were only win by 51.5%. I think that was Obama, fifty two percent, fifty four percent. And they act as if this is some sort of mandate.
• 39:30
  It's not. All right. But when you're you're dividing the country of this nature, it's hard to put it back. I mean, that's what Hitler did. You know, it started out with the Jews because of the hyperinflation, or the Jews were the bankers, then all the Jews are the they own all the businesses.
• 39:58
  And then it gets Oh, hell, just get all the Jews. Once you start down that path, can't reverse. That's my concern. And that's what the computer is basically showing as we head into 02/1932. And people are beginning to realize that we are just simply living in a fantasy world.
• 40:23
  This is not democracy. Nobody ever asked us, geez, shall we go to war with Russia? They just do it and then tell us to show up. Here's a gun. And if you don't, we throw you in prison as a draft dodger.
• 40:37
  This is dictatorship. You know, and it's just a republic, which they keep saying, Oh, you live in a democracy. What does the Pledge of Allegiance say? And for the republic for which the flag stands? Doesn't say democracy, says republic.
• 40:56
  Republics are. We vote for people who represent us. We don't get to vote. That's what I think is collapsing. If you look at that's why the Roman Republic collapsed, that's why Caesar had crossed the Rubicon.
• 41:21
  I mean, the corruption was so unbelievable. You know, he standardized the calendar, the Julian calendar created leap day. Why? Because they would the high priest was in charge of when leap day should take place. If they didn't want to go to election, they bribed them and said, give us a few more months.
• 41:42
  So when Caesar crossed the Rubicon, all right, in January, it was really summer and the calendar was so messed up. Mean, when you're bribing the priest to change the calendar, that shows you how corruption it really was. And when he crossed the Rubicon, all the cities cheered. They opened their gates. He didn't have to fight to Rome.
• 42:08
  The Senate fled to Asia. You know, that tells you something. Cicero was on the other side. Oh, Caesar's is dictator, blah, blah, blah, whatever. Well, if you were so great, why did you flee?
• 42:21
  Why did the Senate have to flee? Why did the people not support that? I mean, if somebody stormed into the Congress to overthrow them, would we be running down there with guns and saying, Yeah, yeah, no, they're great guys. I mean, we go, Well, what's going on here? Same kind of thing.
• 42:42
  The republic, unfortunately, are the most corrupt form of government, because it's easy to bribe a representative. And even a dictatorship or a monarchy is better in the sense you can't bribe them. So hopefully, after 02/1932, we're going to head back more towards a direct democracy. Switzerland has it to some degree where there are referendums and people have to vote on them. We're not asked questions like that at all, ever.
• 43:23
  So, I think that's what people are beginning to see everywhere. Trump was elected. And then what happened? The German government fell the very next day. French government in turmoil.
• 43:39
  They're they're trying to get a a no confidence vote going in England. I mean, everywhere you look, it's just a mess.
• 43:50
  Seth Holehouse: Reminds me of there's a a term. I I I like, you know, riding motorcycles, and there's a term of we call it a tank slapper or the death wobble. What happens is, say, you're going to the highway, and you get going a little bit, and you have a little bit instability, but then as soon as you you get that little bit of pattern of back and forth with your front tire, then it it kinda picks up until your bike is violently shaking until you get thrown off. Like, a lot of people, they they they they die that way because they're doing 70 miles an hour. That happens.
• 44:18
  Now you get out of it by actually by by gassing it, and that's how you can straighten the bike out of it, but a of people don't know how to do that. And so I see this as, like, that's kind of a good analogy for the world is that, you know, you mentioned you have, you know, one side, you know, that say, with the White House, that they're gonna demonize the opponent so much that if that person wins and gets in, you can't come back for that. And so what you have is this this pendulum that's kinda swinging and skating more aggressive to either side, and so it makes sense if you look at all the things happening geopolitically, that there's there's massive instability everywhere. And it's difficult to, at this stage, to see how you can bring everything back together in a peaceful way. And so with Trump getting in and with him winning the election, and there's a lot of, you know, confidence and hope, and that he'll be able to, you know, stop, you know, stop a lot of the wars and and help bring stability back and, you know, strengthen America, you know, obviously, all the the things that he's been running on.
• 45:15
  But do you think that he'll be able to create that stability, or is he gonna just gonna be able to maybe contain it a little bit, only kind of maybe delay that process potentially, and then the whole thing just kinda blows up? This holiday season, I invite you to share your blessings with children who have a mom or dad in prison and who might not have a Christmas this year without your help today. It's my honor to be partnering with the nonprofit prison fellowship to help bless these kids through the Angel Tree Christmas program. The cost to reach one child through Angel Tree is just $30. And for that, a boy or girl receives a special Christmas gift, a note from his or her parents, and a Bible.
• 45:56
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• 46:22
  This is the most blessed season of the year, and thanks to you, it will be special for a boy or girl who receives a gift, a personal note from their parent, and a Bible, all through Prison Fellowship's Angel Tree program. Thank you.
• 46:36
  Speaker 2: Unfortunately, I think he's just only gonna be able to delay it a little bit.
• 46:41
  Seth Holehouse: That that's my opinion as well.
• 46:45
  Speaker 2: Mainly because the neocons, they are really the traitors to our country. They took over the Biden administration. They've done everything. They're the ones that were pushing for criminal charges against Trump, this, that, you know, they've tried everything. And, I mean, I'm on record, I even said, look, the computer said Trump is going to win.
• 47:17
  Okay, fine. I said, Personally, I think they're going to try and assassinate them only because I know these people. When you look in their eyes, you do not see a warm light, you do not. And so what they've done is they have usurped Europe. NATO is basically the neocon retirement home.
• 47:42
  That's it. And I've seen the memos. All right. NATO was very concerned about climate change, because the money was going there. And I saw, you know, they basically were saying, how do we remain relevant?
• 48:01
  They can only remain relevant as long as Russia is a threat. It should have been shut down. All right. They were there to defend us against communism. Well, communism fell all by itself.
• 48:15
  Alright, we don't need NATO. I published a book, The Seizure of the Plot to Seize Russia. And I put all the declassified documents from the Clinton administration in there. And right in the very beginning, put here's one of the documents. NATO, basically, Russia was invited to join NATO.
• 48:41
  That was the coup against Gorbachev, why Yeltsin had to stand on the tank, and please don't fire on your own people. They didn't. And the coup failed. That was the basically the their neocons. Joining NATO meant a surrender of Russia to, you know, to the West.
• 49:05
  So, that was their old view. Okay, so they staged this coup. So, NATO basically, it's just acting its own self interest. It has to constantly say, Russia, oh, if Ukraine falls, Russia will come take the rest of Europe. They're not interested in that.
• 49:28
  Neither are the Russian people. They wouldn't support such a thing. Those are the days of empire building from like the seventeenth century, know, that's gone. But they need to keep their funding. And they're not going to keep their funding unless they keep beating the war drums.
• 49:49
  So what do you if you look closely, NATO tried to raise $100,000,000,000 to Trump proof the war. Alright? They kind of failed there. They have control of basically all the the European governments. I was speaking to somebody from Italy.
• 50:15
  Oh, well, Russia's going to have to accept our terms. I said, what are you going do? Invade? You know, how are you going to force them to accept your terms? You know, I don't know.
• 50:28
  I mean, I think they're just out of their minds, honestly. And I even said, I said, Look, you know, I'm glad I'm here in Rome to see the coliseum because it's probably for the last time. Oh, what do you mean? I said, Well, you know, when you were at war with Hitler, you know, he didn't bomb Paris because he thought it was nice. Alright, they were small bombs.
• 50:56
  This time to get you here in Rome, they take out everything. We're not talking about simple little carpet bombing here. We're talking about one Duke takes out the Colosseum and you. So it'd be it's but everywhere you look in Europe, it's the same thing. The German government failed because they were so pro war.
• 51:23
  And, I mean, Schultz just hopped on a plane, went over to Zelensky and said, Oh, you know, I'm giving you €650,000,000 for December. We're your strongest supporter against Russia. Why? You know, you've got unemployment rising, you got people with discontent, and you're giving $650,000,000 to Ukraine, the most corrupt government in the world. France, the same stuff.
• 51:53
  I mean, you just look at these leaders, wants war. Why? Because I can tell you, is when they were forming the euro, as I said, they came to me and I said, Look, you have to consolidate the debts, The euro will never defeat the dollar. All right. From an institutional standpoint, pick up, okay, fine.
• 52:18
  Buy me $5,000,000,000 of US Treasuries. Europe, I can't do that. I still have to say, Oh, see, I want Germany? Or do I want Italy? Do I want France?
• 52:29
  You still got to pick and choose. All right? It's not Europe. The euro is no single it's a single currency, but not a single economy. Alright, so and I can tell you why that never happened, because coal wouldn't allow the German people to vote.
• 52:48
  He took Germany into the Euro unilaterally, by an executive order, basically. And he even admitted before he died, he acted like a dictator. And he said if he allowed the German people to vote on joining the euro, he would have lost seven to three. So he took Germany into the euro, he said, and his terms were no consolidation of the debt. Because I know the German people will never agree to that.
• 53:17
  So that's why Europe's a basket case. The death situation there is critical. They want war so that they can blame their defaults on Putin. I mean, 1931, they all defaulted on their debts permanently. World War II, even, you know, Britain defaulted on the borrowing debts from The United States.
• 53:47
  But this is what they do. They use war as the excuse to default. Oh, it's a new government now. We're not going to pay the debts of the old. US did that.
• 54:01
  In the Constitution, it said, we would honor the debts of the Continental Congress. They never did. That's why you can go on eBay and buy continental currency. They never honored it. We'll get around to it, you know, but they never did.
• 54:18
  So this is what we're really looking at. We're looking at a serious debt default. Now, look at France. For the first time, French government bonds ended up paying had to be sold at higher interest rates than corporate. People are beginning to realize government debt is the most risky.
• 54:47
  French interest rates went above that of Greece. Think about that. Greece was supposed to be the best case just in 2010. Now, Greek debt is better than French debt. This is showing you the underlying economic problems.
• 55:09
  And unfortunately, rather than reform, they're using, you know, Schwab's agenda, and he has stopped in everybody from IMF, the head of the EU. These are all people who have been on his boards. You know, he's in control of Europe. It's it's it's a sad statement, but this is the fact. So he is and I can tell you he does have a bust of Lenin on his bookshelf in in his office.
• 55:52
  And, you know, he's an academic, and academics are always this theoretical, oh, you know, Marxism is really Wonderland, you know, it's never worked, but that doesn't matter. Everybody should be fair and equal. You know, it's monetarily not we're, you know, we're equal in rights, but not in talent. I don't think you want to pay me $30,000,000 a year to throw a football, you know. But so, unfortunately, I think you're going to see this escalation war.
• 56:37
  Trump will probably be blamed just like Hoover was blamed for the Great Depression. Unemployment will most likely begin to rise into '26. And we're heading into an economic recession globally into 2028. Trump will be blamed for it. His advisors, I disagree with, coming out saying, okay, fine, we'll eliminate the income tax and put on tariffs.
• 57:17
  What they're saying is, oh, well, gee, The US funded itself with tariffs before the income tax. So he's basically bought into that. Oh, okay. Yeah, that sounds you do that, throw in all these tariffs on Canada, Mexico, and China, Europe. Those are going into recession.
• 57:49
  They will drag you down with them. We're all connected. Alright? We don't need taxes anymore. This is also a theory from ancient times.
• 58:10
  Taxes were necessary when coins were money. Okay, so gold and silver coins, the king had to get some back to pay again. Alright? Today, he doesn't need that. They just print the money anyhow.
• 58:25
  Alright? Then to make it worse, they borrow. Why are we borrowing? Because of the old theory. Okay?
• 58:35
  Gee, if we borrow rather than print, you're not increasing the money supply. So therefore, it's less inflationary. Not true. Because when you're borrowing, we're now at $1,000,000,000,000 in interest expenditures for a single year. All right.
• 58:56
  When Ronald Reagan came to power, the national debt hit 1,000,000,000,000. Alright. Interest expenditures have will continue to rise and eventually consume all other expenditures. It's now higher than military. Another couple years.
• 59:16
  Forget it. The debt has got to be extinguished. It will default or we do it respectfully. All right. And I mean, the way out of this is is not so difficult.
• 59:38
  I mean, if I'm dealing with a major corporation that's in a debt crisis, what do you do? You do a debt to equity swap. I'll give you shares for the debt. Okay, that's what we have to do. All right, we just simply issue coupons.
• 59:59
  Give us that thirty year bond back. Here's the coupon. You can now take the coupon of Earl Lynch. And what can you do with it? You can only buy shares or corporate debt, period.
• 1:00:08
  They then take the coupon, exchange it for the money with the Treasury. Debt is gone. The $34,000,000,000,000 in debt is then invested into the private sector. There'll be more jobs, a booming economy. And guess what?
• 1:00:26
  We don't need the tariffs because I've testified before Congress on this. Before the House Ways and Means Committee, if you end up, why did everybody leave? Because the top income tax rate reached in the 90s and 1960s. It was JFK who did the first tax cuts. All right.
• 1:00:52
  And you sent capital offshore. Alright, it wasn't because I'm paying this guy $2 instead of $5 an hour. It was basically taxation. If you eliminate the income tax, alright, we don't need it anymore. We don't need to get the coins back to repay something.
• 1:01:14
  Alright, if we eliminate the income tax, what will happen? All those companies will come back and everybody else. Suddenly, you know, BMW, you know, it's more beneficial to be in The United States than in Germany, you'll force political change globally. You know, this is antiquated economic theories, they're gone. Central banks, we deal with more central banks than probably anybody in history.
• 1:01:45
  Why? Because they're in trouble. All right. All this nonsense, all the Fed and printing money, blah, blah, blah. And that's like basically, you know, somebody kills somebody and they blame the gun instead of the person.
• 1:02:01
  Know, The central banks have lost control. Keynesian economics was done in the 30s. US had a balanced budget. So if you raised interest rates, you made it more expensive for us to borrow and spend. Correct.
• 1:02:21
  Alright? Today, the government is the biggest borrower. This is why the Fed just cut rates. Alright? They realized it raised rates to stop inflation.
• 1:02:34
  And guess what? The interest expenditures hit a trillion. The Fed cannot control inflation anymore. They're dead in the water. This is the problem.
• 1:02:46
  So the whole quantitative theory of money out the window. All the economic theories we learned in school are dead. They're dead. Alright? Once the government became the biggest borrower, raising interest rates, lowering interest rates to affect demand in the consumer level no longer works.
• 1:03:12
  We might pull back. There's a politician say, Oh, gee, the Fed raised interest rates, so they want us to spend less. Let's do that. Never going to happen. Right?
• 1:03:24
  And I'll say another thing that our computer has projected, and you can look at the chart on our on our site. The computer has projected that we're looking at the decline in fall of the Democratic Party. So this will be part of the February. Alright? The Democrats, we published a chart.
• 1:04:01
  I can send it to you, you know. We allocated the total number of seats in the House and the Senate to each party and plotted it out. The Democrats have reached their peak with FDR the first time ever since. Yes, they've won elections, but the highs are always lower, lower, lower. And the lows that they reach are always deeper.
• 1:04:29
  That's a bear market. Just look at the chart. You know, if that was the Dow, you'd say it's going to crash. Alright, it's the same thing. Alright.
• 1:04:39
  What are they doing right now? They're all blaming each other. All right? Oh, because Biden didn't step out soon enough and this that, and oh, it's Pelosi, she should have shut up. Everybody's pointing their finger at everybody else.
• 1:04:57
  The point is, is that they've been selling an agenda that doesn't work. FDR won on that. Vote for me, I'll steal it from him, and I'll give it to you. It worked one time. Alright?
• 1:05:14
  Ever since, it's been declining. Alright? But they still say the same thing. You know? Oh, we're gonna tax the rich.
• 1:05:24
  I mean, to show you how disconnected they are, you had them actually talking about, oh, we'll go after the unrealized gains. People like, you know, Bezos, always worth all this money, make them have to pay 30% of that. Well, that's shares that he has not cash. So how do you pay the tax? This is how they destroyed the farming industry.
• 1:05:50
  You now have to sell shares to pay the tax. The farmers had to sell land to pay the tax. So Bill Gates is the biggest landholder in The United States. Why? Because of taxation.
• 1:06:05
  All right. And if Bezos has to sell stock to pay the tax, and they all have to guess what? Stock market goes down, you create a crash. Everybody's going to lose in their pension funds. It's depression time.
• 1:06:23
  These people don't understand the economy at all, how it's we're all connected. You had Janet Yellen talking about the IRS should be auditing down the $600 on eBay and stuff. I don't think Elon Musk is selling a used bike for $600 on eBay. And to actually say you're only after the rich, come on. Look at Stammer's definition of the rich what it became in Britain, anybody with a savings account.
• 1:06:58
  So if you weren't standing on the corner with a cop asking for money, then you're rich. It's just, you know, I was in Vancouver, and I couldn't believe it. But one politician there, she actually had the audacity to say, everything you earn belongs to the state. They decide how much you're allowed to keep. This is the, you know, the left agenda.
• 1:07:27
  Communism fell. China, Russia, ask anybody in Eastern Europe, do they want to go? No way. You know, all this nonsense. Oh, Putin wants to recreate the USSR.
• 1:07:42
  The people would drag him out and set him on fire if he tried that. They don't want to go back to communism. And every Eastern European that I know that fled here all say the same thing. What's happening here in America is what I fled from. Can't say, you can't speak, you can't do this.
• 1:08:04
  I mean, I went behind the Berlin Wall before it fell. You know, we went there, a friend's family the day the wall was put up. He was seven years old, and he happened to be walking on the right side of the street with his grandmother. So he ended up becoming American, but the rest of his family was trapped. So we went back.
• 1:08:26
  I said, Yeah, I'll go with you. I want to see what this is really about. And, you know, his elder sister would take us around and if anybody's remotely close to us, it was, oh, this is a two of your they take such wonderful care of us. And as soon as nobody else was close, were she would call them, this is a no good SOB. I mean, this is what is happening here.
• 1:08:56
  Cancel culture. You can't say this, you can't say that. I mean, this is what I actually saw in Eastern Germany. So that's where we're headed. Nature seems to follow the same path.
• 1:09:14
  Doesn't matter, you know, what century you're looking at. And once you create any kind of a government agency, they will always fight for their own survival. I can tell you back in the 80s, I warned them that they should merge the SEC and the CFTC into one agency. I said every other country has a single regulatory body. I said, if we obey the laws with the SEC, we go to jail with the CFTC.
• 1:09:49
  They're completely opposite. I was told, no, we can't do that because if we did that, we'd have to lay off 50,000 people. So what happened? You created the hedge fund industry. People had to leave.
• 1:10:05
  All right. You came to me. You make the decision. Should I be in stocks, bonds, commodities? What?
• 1:10:13
  That's what a hedge fund manager did. All right, domestically, you can't do that. The bond guy is always going to tell you, this is the best fund. Stock guy is going to say is the best. Gold guy is going to say this is the best because they can mix and match.
• 1:10:31
  So, you know, that they created the hedge fund industry. And then they actually said, Oh, they're not regulated, you know, you created it. The same thing as The Middle East we're talking about, you created these fake countries, put in dictators, they were all tribes that were not a unified country to begin with. And then we wonder what's going on. It's the bed that we made.
• 1:11:02
  Interesting times we live in. Right?
• 1:11:03
  Seth Holehouse: I know. I I agree. I agree. Gosh. That hour went quickly.
• 1:11:09
  I I thought that we could spend another three hours. We've got some more questions. But as we're wrapping up, I do wanna pull up your website, armstrongeconomics.com. You've got you're always publishing great articles there. Really, really insightful, information, is is coming from what you're doing.
• 1:11:28
  Is there any other place that you'd wanna send people where they can follow what you're doing, or is this the kind of main place where they can be kinda keeping track of what what's on your plate these days?
• 1:11:39
  Speaker 2: Yeah. I mean, we we it's completely open. You don't have to put in your emails, subscribe to anything, or we provide it as a public service. You can go down there and look at the solution at the bottom. That is on I think you passed it, actually.
• 1:12:04
  But it is on YouTube. You can look at that. It's a little bit further down right there, solution.
• 1:12:18
  Seth Holehouse: Oh, there we go.
• 1:12:19
  Speaker 2: That's it. That's a conference I did on the solution, how to get out of this problem. You can watch it. It's free. You don't have to put in your emails or anything.
• 1:12:31
  We try to keep it completely open. I didn't think about it, but we had somebody from one of the major political parties actually said that that we were the only ones that were not blocked worldwide. And I didn't think about it. But I said, yeah, I guess you're right. We do have offices in China.
• 1:12:53
  We're not blocked in China. Everybody else seems to be. We're not blocked in Russia. I've even appeared on Russian TV. Mainly because everybody knows this is it's the computer.
• 1:13:07
  It's not. I try to distinguish between my personal opinion versus the computer. It just calls the shots as it is. That's it. It doesn't say, Oh, by the way, on page three, overthrow your government.
• 1:13:23
  We we try to stay out of that stuff. So
• 1:13:27
  Seth Holehouse: Well, Martin, thank you for for what you're doing. Thank you for giving us your time. I think that especially heading into 2025 and and next year, we're gonna see a lot of big changes. I think that it's it's it's inevitable. I hope that we can stabilize to a certain degree, to to get through whatever comes next, and hopefully, on the other side of that, you'll find some sort of peace and and, you know, vision for the future that I think is exciting instead of just absolute kinda chaos, which seems like that's where things are heading right now.
• 1:13:59
  Speaker 2: Yeah. Look. I mean, Democratic Party spent so much money trying to win this. They're still out there asking for donations still. And, you know, they're they say, oh, we have to fund the resistance now.
• 1:14:16
  You know, the rumor is that they intend to stage some major political protest on inauguration day to make it so bad that Trump is forced to call in the National Guard, And then they can say, see, he is a dictator. I mean, it's what about the country? You know, let's care about the country instead of this just hate politics all the time. Pay attention to America and stop, you know, this nonsense about trying to expand the world or whatever imperialism that these neocons, have been up to.
• 1:14:59
  Seth Holehouse: Yeah. I agree. It's as simple as that. But sometimes the the simplest solutions are the easiest to ignore, especially when you have a bunch of psychopaths running things. So
• 1:15:10
  Speaker 2: Well, look. I mean, you had three people. You had Lincoln, you had Garland, and Victoria Newland. All three in the Clinton in the Biden administration, all three claim that their families were persecuted by Russians. So is this a personal vendetta?
• 1:15:33
  You know, I think it's a serious conflict of interest. So, I should run for the White House to make sure that I don't like my neighbor next door. So, let's get rid of him. I mean, I mean, that's not what politics is supposed to be about.
• 1:15:49
  Seth Holehouse: Yeah. I was supposed to be. I agree. I agree. Well, Martin, thank you for your your words of wisdom.
• 1:15:56
  I encourage I'll bring up your website again, armstrongeconomics.com. I encourage folks to check it check it out. And, you know, hopefully, let's get through the New Year and the inauguration and and see where things are going from there. But, until then, thank you so much for for coming on the show, and I I just I hope the best for the future. That that's that's where I'm at.
• 1:16:18
  Speaker 2: Yeah. Let's keep our fingers crossed and and just hope that we bring some sanity back to let's be America United States once again.
• 1:16:31
  Seth Holehouse: It's it's a good it's a great goal. Well, Martin, thank you again. Take care, and God bless you.
• 1:16:37
  Speaker 2: Oh, thank you.
• 1:16:39
  Seth Holehouse: Look. I'm gonna be realistic about my diet in December. It's gotta be the worst month of the year in terms of eating right. I'm inevitably gonna find myself stuffing treats, meats, and dishes into my mouth, leaving very little room for the right stuff, but I will take balance of nature every single day. Balance of nature is made from whole fruit and veggie ingredients, and I will not skip taking those daily supplements.
• 1:17:01
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• 1:17:28
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